Fot sure the Opuwo Project is looking good at the current metal prices and as it has lots of scope to expand the resource with only 10% of the strike length tested so far.
The in ground value of Opuwo ore at current prices of Cobalt,Copper and Zinc is approx USD $145 per tonne and going by the test work already done by CLA back in 2017 see article below recoveries of cobalt using flotation was 88% copper 87% so if we assume the zinc is about the same then 87% of $145 = $126 recovered from a tonne of ore.With copper at USD$ 9.70 a kg this equates to 1.3% copper ore.
Celsius Resources Recovers up to 88% Cobalt from Sulphide Concentrate at Opuwo Project in Namibia Metallurgy Cobalt NamibiaASX: CLAwww.celsiusresources.com.auMr. Brendan Borg reportserth, WA / November 30, 2017 / JMN Wire / Celsius Resources Limited (ASX: CLA) (“Celsius” or “the Company”) is pleased to provide an update on the ongoing metallurgical test work program at its 95% owned Opuwo Cobalt Project (“Project”) in Namibia.The initial phases of test work being completed at SGS Australia have been focused on maximising recovery of sulphide minerals into a mineral concentrate. Currently, a recovery of 88.0% of the cobalt and 87.3% of the copper present in the feed sample (head grade 0.14% Co) has been achieved in the rougher sulphide concentrate. This demonstrates that the mineralisation at Opuwo is amenable to conventional sulphide flotation techniques. A concentrate grade of 1.11% was achieved during the initial 2 minutes of flotation, with a recovery of 64.2% of the cobalt recovered in this short timeframe. Recoveries increase to 88.0% with additional flotation time, offset by reduction in the grade of the concentrate.Celsius Managing Director, Brendan Borg commented:“The metallurgical test work program for the Project has demonstrated that conventional sulphide flotation techniques can be employed to produce mineral concentrates at Opuwo, with optimisation ongoing to further improve grade and recovery. The assessment of the ability to produce cobalt sulphate from this concentrate potentially adds significant value to the Project”HighlightsUp to 88% of cobalt recovered in rougher sulphide concentrate, through conventional flotationGrade of 1.11% cobalt achieved with short 2-minute flotation time, with 64.2% recoveryOptimisation of flotation process ongoing, to further improve recovery and grade of cobalt and copper in concentrate.Leaching test work to commence next week, with a view to demonstrating the viability of producing cobalt sulphate chemical from the sulphide concentrates.
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